TOP NEWS

Fandango Gobbles Up Cinepapaya

Los Angeles-based online ticketing and movie service Fandango continues to be in an acquisitive move, and has acquired Latin American online movie ticketer Cinepapaya. Financial terms of the acquisition were not announced. The acquisition follows an acquisition last year of Brazilian ticketing firm Ingresso.com. Fandango said the buy doubles its reach in Latin America....Continue →


Joymode Set To Show Off Experiences At Pop Up Shop

Los Angeles-based Joymode, the new startup led by Joe Fernandez which is hoping to people to invest in experiences, not stuff, is hoping to show off its new service with a pop-up shop in Sunset Junction next week. Joymode says it will be opening up to the public next Wednesday, on December 7th, showing off all of the experiences offered up through the service....Continue →


Olloclip To Open Pop-Up Shop, Gallery In LA Next Week

Huntington Beach-based Olloclip, which makes add-on lenses for the iPhone, is launching its own pop-up store and image gallery this holiday season, with a store in LA's Fairfax district. According to Olloclip, it will have a pop-up shop in LA, at the Seventh Letter Gallry on North Fairfax Ave, which will showcase photos taken with its lenses, as well as product demos and a shop....Continue →


ClipCast Launches Multi View, Real Time Video Capture App

A new, San Diego startup, ClipCast, has launched a new mobile app which lets users capture multiple video views from different smartphones, from different angles. According to ClipCast, its new app, which runs on both iOS and Android, allows usres to produce multiple point-of-view video highlights, which can be captured, edited, and shared with others in real time. The new app is free. ClipCast is led by Manual Jaime, who serves as CEO and is founder of the company....Continue →


DTS Now Part Of Tessera

Calabasas-based surround sound and audio technology developer DTS is now officially part of Tessera, after Tessera completed its acquisition of DTS on Thursday, the companies said on Thursday afternoon. Tessera paid $850M in cash for DTS, in a deal which had originally been announced in May. Tessera said that it will introduce a new corporate name, stock ticker, brand, and logo during the first quarter of 2017 as a result of the acquisition....Continue →


SpaceX Targets Next Mission December 16th From Vandenberg

Hawthorne, California-based SpaceX, the rocket company led by Elon Musk, is hoping to launch on its next mission on December 16th, launching from Vandenberg Air Force Base, just North of Santa Barbara. According to satellite constellation operator Iridium--best known for its satellite phones--it hopes to launch 10 Iridium NEXT satellites into low-earth orbit via the SpaceX Falcon on December 16th at 12:36pm PT....Continue →


Somabar Snags $1.5M For Robotic Bartender

Los Angeles-based Somabar, which is developing a robotic bartender which automatically mixes cocktails for you, has raised $1.5M in a bridge funding round, according to lead investor the Tech Coast Angels. The TCA said that the round also included members of the Harvard Business School Angels and the Duke University Angel Network, as well as local private equity fund rainforest.LA....Continue →


SendGrid Finds $33M In Series D

SendGrid, which provides email delivery services and software for sending transactional emails, has raised $33M in a Series D funding, the company said on Wednesday. The company, which has engineering offices in Irvine, said the funding was led by Bain Capital Ventures, and also included Foundry Group, Bessemer Venture Partners, and SoftTech VC. SendGrid's software is used by such companies as Airbnb, Costco, eBay, Spotify, Uber and Yelp, to ensure delivery of emails to their customers....Continue →


21st Century Fox Backs Augmented Reality Glasses Maker

21st Century Fox is the lead investor in a $58M, Series A funding for San Francisco-based Osterhaut Design Group (ODG), a developer of augmented reality sunglasses. According to ODG, the Series A was led by 21st Century Fox, and also included Shenzhen O-film Tech Co., Ltd., Vanfund Urban Investment & Development Co. Ltd. and individuals.Continue →


TurboTax Opens Up For Tax Filing Season

Is it tax time already? San Diego-based TurboTax, the software division of Intuit which makes the popular tax filing software, says on Wednesday that it has opened up for the season, and has begun allowing its users to start working on their taxes. According to TurboTax, it has opened up for the 2016-2017 filing season, including again offering up its TurboTax Absolute Zero free edition....Continue →


CrowdStrike Names New Sales, Operations Executive

Irvine-based endpoint protection software developer CrowdStrike said today that it has appointed Michael Carpenter as President of Global Sales and Field Operations. Carpenter joins the company from Tanium, where he was President Global Sales and Field Operations. He also had served at Intel Security.Continue →


Xencor Launches $110M Public Offering

Monrovia-based biotechnology developer Xencor has launched a public offering of its common stock, with the aim of raising approximately $110M in funding, the company said on Wednesday. The publicly traded biotechnology developer--which trades on the NASDAQ as XNCR--said it has priced the offering at $24.000 per share. The company said the new funding will go towards working capital and general corporate purposes, including investing in its pipeline and lead compoound....Continue →



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